Baker Hughes Announces August 2015 Rig Counts

Sep 08, 2015, 06:00 ET from Baker Hughes Incorporated

HOUSTON, Sept. 8, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for August 2015 was 1,137, up 19 from the 1,118 counted in July 2015, and down 202 from the 1,339 counted in August 2014. The international offshore rig count for August 2015 was 270, up 6 from the 264 counted in July 2015, and down 45 from the 315 counted in August 2014.

The average U.S. rig count for August 2015 was 883, up 17 from the 866 counted in July 2015, and down 1,021 from the 1,904 counted in August 2014. The average Canadian rig count for August 2015 was 206, up 23 from the 183 counted in July 2015, and down 193 from the 399 counted in August 2014.

The worldwide rig count for August 2015 was 2,226, up 59 from the 2,167 counted in July 2015, and down 1,416 from the 3,642 counted in August 2014.

August 2015 Rotary Rig Counts



August 2015




July 2015



August 2014




Land

Offshore

Total


Month Variance


Land

Offshore

Total



Land

Offshore

Total



















Latin America


266

53

319


6


259

54

313



337

73

410


Europe


65

44

109


1


60

48

108



98

45

143


Africa


70

26

96


2


69

25

94



87

38

125


Middle East


341

52

393


2


342

49

391



366

40

406


Asia Pacific


125

95

220


8


124

88

212



136

119

255


International


867

270

1,137


19


854

264

1,118



1,024

315

1,339



















United States


849

34

883


17


835

31

866



1,842

62

1,904


Canada


202

4

206


23


179

4

183



395

4

399


North America


1,051

38

1,089


40


1,014

35

1,049



2,237

66

2,303



















Worldwide


1,918

308

2,226


59


1,868

299

2,167



3,261

381

3,642





















































About the Baker Hughes Rig Counts
The Baker Hughes Rotary Rig Counts are counts of the number of drilling rigs actively exploring for or developing oil or natural gas in the United States, Canada and international markets.  Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of US and Canadian drilling activity.  Baker Hughes initiated the monthly international rig count in 1975.

North American rig count data is scheduled to be released at noon central time on the last working day of each week.  The international rig count is scheduled to be released on the 5th working day of the month at 5:00 a.m. central time.  Additional detailed information on the Baker Hughes rig counts is available from our website.

Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company's 49,000 employees today work in more than 80 countries helping customers find, evaluate, drill, produce, transport and process hydrocarbon resources. For more information about Baker Hughes, visit: www.bakerhughes.com.

CONTACTS: 


Media Relations:      

Melanie Kania, + 1.713.439.8303, melanie.kania@bakerhughes.com

Investor Relations: 

Alondra Oteyza, +1.713.439.8822, alondra.oteyza@bakerhughes.com

 

SOURCE Baker Hughes Incorporated



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